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That writeoff is the largest sovereign default ever.
Others, including the world's largest sovereign wealth fund, held by Norway, have divested from coal companies.
The world's largest sovereign wealth fund, Norway's Government Pension Fund Global (GPFG), has divested from coal.
In 2001, Argentina succumbed to what was, at the time, the largest sovereign default in history.
The China Investment Corporation, already one of the world's largest sovereign funds, was formed in 2007 with about $200 billion.
But Mr Rodriguez lasted just a week long enough only to declare the largest sovereign debt default in history.
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In Greece he has managed the largest sovereign-debt restructuring on record.
Bulls note that Norway's $543 billion state pension fund, one of the world's largest sovereign-wealth funds, is starting to allocate money to property.
The world's largest sovereign-wealth fund belongs to the United Arab Emirates, whose Abu Dhabi Investment Authority manages assets worth $627 billion.
America has always prided itself on the strength of its "rule of law", a selling point that has made Wall Street host to the largest sovereign-debt market.
Back when its economy virtually collapsed, the country suffered a run on its banks, followed by a freeze on withdrawals, a massive currency devaluation, and the largest sovereign-debt default in history.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com